Archive

China E-Commerce Industry Enters “New Retail” Era

The Chinese retail industry is entering a “new retail” era, characterized by the widespread use of technologies such as artificial intelligence (AI) and big data to digitalize the entire value chain, according to PwC. China is the world’s biggest consumer

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CLSA Launches Accelerator for Fintech Startups in Hong Kong

CLSA, capital markets and investment group in Asia launches AlphaLabs to provide early investing or help in developing early-stage fintech startups they deem disruptive. CLSA is affiliated with China’s CITIC Group, a state-owned investment company. This decision comes from CLSA’s three-decade experience

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Chinese Personal Finance Fintech Sponsors NBA China

X Financial and NBA China announced today a multi-year marketing partnership that makes the company an official marketing partner of NBA China. X Financial is a leading technology-driven personal finance company in China, and it is NBA China’s first time cooperating with a company

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DATE 2018 Showcases Latest Innovations in E-Commerce and Fintech

This year’s Discover Advanced Trends in E-Commerce Expo (DATE) event, which was held last month in Taipei, showcased the latest innovations in e-commerce and fintech and gathered some of the world’s key players on the global scene. Organized by the

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Kakao’s Ground X Unveils Its Blockchain Platform Klaytn

Ground X, the blockchain subsidiary Kakao, often likened to the Korean version of WeChat; has announced the launch of the Testnet version of Klaytn. This move follows the trend of messaging apps going into blockchain with companies like Line launching it’s

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Alibabacoin Foundation Announces New Goal of Collaboration With Shopping Malls

Alibabacoin Foundation announced that Alibabacoin (ABBC) can be used in large internet shopping malls around the world. Jason Daniel Paul Philip, CEO of Alibabacoin Foundation, who gained more trust and beliefs from more users by keeping promises to users by

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Alibabacoin Will Be Listed On 9 Major Exchange Platforms At The Same Time

Alibabacoin Foundation is now a well-established company in the crypto industry. Its native currency Alibabacoin(ABBC), which serves as the primary mode of transactions and payments on the platform will soon be available on nine major exchange platforms. I t is all

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Neat Bundles Up Invoice-Buying P2P Startup to Sell Discounted Services

Invoice financing company Capital Match, and SME current account platform Neat, announce a stronger partnership. Through this collaboration, both parties hope to provide more cost-effective account management and financing services geared towards SMEs in Hong Kong through their collaboration. Established in

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WeCash is Bidding For a Virtual Bank License In Hong Kong

Wecash, a Beijing-based fintech start-up has teamed up with Japanese financial firm ORIX and Hong Kong property developer SEA Group to apply for a virtual bank licence from the Hong Kong Monetary Authority. George Zhi Zhengchun, 32, founder and chief executive of Wecash,

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9 Inspiring Hong Kong Fintech Startups Founders to Follow

Hong Kong, an international finance center, has put a lot of effort into becoming a leading fintech hub. Today, the special administrative region is home to 48 of the world’s top 100 fintech companies, over 40 incubator and accelerator programs,

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